Dorian LPG Ltd (LPG)
Profitability ratios
Return on sales
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Gross profit margin | 43.21% | 65.14% | 58.51% | 41.21% | 46.75% |
| Operating profit margin | 0.00% | 58.64% | 50.89% | 33.70% | 36.75% |
| Pretax margin | 25.52% | 54.83% | 44.24% | 26.23% | 29.30% |
| Net profit margin | 0.00% | 54.83% | 44.24% | 26.23% | 29.30% |
Dorian LPG Ltd's profitability ratios have shown variation over the years. The gross profit margin has fluctuated, increasing from 46.75% in March 2021 to a high of 65.14% in March 2024, before dropping to 43.21% in March 2025. This indicates the company's ability to generate profits from its core operations.
The operating profit margin followed a similar trend, starting at 36.75% in March 2021, peaking at 58.64% in March 2024, and then dropping to 0.00% in March 2025. This suggests that the company's operating efficiency fluctuated significantly, impacting overall profitability.
The pretax margin, representing the company's profitability before accounting for taxes, also displayed fluctuations. It increased from 29.30% in March 2021 to a peak of 54.83% in March 2024, before dropping to 25.52% in March 2025.
The net profit margin, which reflects the company's bottom-line profitability after all expenses have been deducted, followed a similar pattern as the pretax margin. It ranged from 26.23% in March 2022 to a high of 54.83% in March 2024, and then declined to 0.00% in March 2025, indicating a significant decrease in net profitability in that year.
Overall, Dorian LPG Ltd's profitability ratios have displayed fluctuations over the years, with some years showing significant improvements in margins, while others experienced declines. It would be important for investors and stakeholders to analyze the reasons behind these fluctuations to assess the company's long-term profitability prospects.
Return on investment
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | — | 17.89% | 12.34% | 5.84% | 6.94% |
| Return on assets (ROA) | — | 16.73% | 10.73% | 4.55% | 5.54% |
| Return on total capital | — | 32.13% | 21.56% | 8.99% | 12.30% |
| Return on equity (ROE) | — | 30.04% | 18.74% | 7.60% | 9.47% |
Dorian LPG Ltd's profitability ratios show a mixed performance over the years.
The Operating return on assets (Operating ROA) decreased from 6.94% in March 2021 to 5.84% in March 2022 but rebounded significantly to 12.34% in March 2023 and further improved to 17.89% in March 2024. However, the data is not available for March 2025.
The Return on assets (ROA) exhibited a similar trend, declining from 5.54% in March 2021 to 4.55% in March 2022 before increasing to 10.73% in March 2023 and further improving to 16.73% in March 2024. Data for March 2025 is not provided.
Return on total capital also followed a similar pattern, declining from 12.3% in March 2021 to 8.99% in March 2022 before significantly increasing to 21.56% in March 2023 and further to 32.13% in March 2024. Data for March 2025 is not available.
Return on equity (ROE) decreased from 9.47% in March 2021 to 7.60% in March 2022, then saw a notable increase to 18.74% in March 2023 and further improvement to 30.04% in March 2024. Data for March 2025 is not provided.
Overall, the company's profitability ratios show fluctuations, with improvements observed in the later years, indicating enhanced efficiency in generating profits relative to assets, capital, and equity.